Sustainability

LayTec is part of the Nynomic Group.

Nynomic Group has set itself the goal to continually improve the economical, ecological and social consequences of its business activities.

The central responsibility for our sustainable activities lies with LayTec`s management. Well-balanced management of ecological, social and corporate governance aspects strengthensmarket position of LayTec.

We act based on the following fundamental principles:

  • Occupational health and safety of our employees is a top priority in order to avoid injuries and diseases.
  • We strive for positioning our company as an attractive employer and thereby improve our employee’s commitment and motivation.
  • We use resources and energy efficiently and thereby strive for continuous improvements in order to minimize negative impacts on the environment and save costs.
  • We use our high innovative strength and passion for technological advancement by developing innovative and safe solutions and products that help us and our customers protect the environment.
  • We engage in a constant and trustful dialogue with our partners in order to lay the foundation for long-term and sustainable relationships. Respectful dealings with our diverse stakeholders and the environment are a matter of course for us and also decisive for our economic success.
  • Our business management principles are the foundation for and a part of our corporate identity: by observing rules, standards and processes we ensure legally and ethically compliant conduct and create a high level of acceptance in society.

Conflict Minerals Statement

LayTec AG Statement on the Use of "Conflict Minerals" in Products with Reference to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act)and EU Regulation 2017/821

LayTec AG takes its social responsibility regarding the environment, safety, health and human rights seriously and understands that its business activities have an impact on society and the environment. LayTec is therefore committed to supporting the objectives of the Dodd-Frank Act and EU Regulation 2017/821 to restrict trade in minerals from conflict or high-risk areas to the best of its ability.

The Dodd-Frank Act specifically refers to the minerals tin, tantalum, tungsten and gold and their derivatives, which are mined in conflict areas, such as the Democratic Republic of Congo and adjoining conflict areas. According to EU Regulation 2017/821, this includes areas in armed conflict or in a weakened post-conflict situation, as well as areas with weak or absent governance and security structures.

Although LayTec AG is not an obligated party under the above-mentioned regulations and does not source these minerals directly, we are aware that conflict minerals may be present in the supply chain. With this awareness, LayTec is committed to responsible sourcing of these minerals. LayTec assures that suppliers are selected selectively according to these criteria. We expect our business partners to make comparable efforts to comply with the relevant regulations and requirements. To the best of our current knowledge, LayTec products do not directly or indirectly contain conflict minerals. The information on the origin of minerals is based on information provided by LayTec`s suppliers.

Berlin, February 2024

The Management Board

-LayTec AG-